Beyond the purchase price, buyers should budget for closing costs that typically land in the range of 5–8% of the property value. Here's where the money goes.

The main line items

  • Acquisition tax (ISAI): a percentage of the registered value, paid at transfer.
  • Notary fees: the notario public formalizes and registers the deed.
  • Fideicomiso setup: establishing the bank trust for foreign buyers (see our fideicomiso guide).
  • Appraisal, registry and permits: smaller mandatory fees.

Who pays what

In Mexico, the buyer customarily pays the bulk of closing costs, while the seller covers capital gains tax (ISR) and the brokerage commission. Always get a written closing-cost estimate before signing.

Planning the purchase numbers? Pair this with our market overview.

SM
Editor, Real Estate

Sofía Marín

Sofía has covered the Banderas Bay property market for over a decade, with a focus on developments and investment.

Frequently Asked Questions

Typically 5–8% of the property value, covering acquisition tax, notary fees, fideicomiso setup and registry costs.

The buyer customarily pays most closing costs; the seller pays capital gains tax and the brokerage commission.